Overview
What is Free Lutheran Theological Seminary?
Free Lutheran Theological Seminary, located in Minneapolis, Minnesota, is a nonprofit institution that offers post-high school religious education and life skills training. Its primary objective is to prepare students for ministry roles, both in churches and secular settings. The seminary operates two divisions: the Free Lutheran Bible College and the Free Lutheran Seminary, both dedicated to providing faith-based education. The Free Lutheran Theological Seminary serves approximately 100 students annually. The organization's mission is to equip individuals with theological knowledge and spiritual skills, ultimately contributing to various religious and community settings.
Official website here: www.flbc.edu
Is Free Lutheran Theological Seminary legitimate?
Free Lutheran Theological Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Lutheran Theological Seminary submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $412,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,808,159
For more financial information, click here
Official website here: www.flbc.edu
What is the mission statement of Free Lutheran Theological Seminary?
Free Lutheran Theological Seminary, through its operations of the Free Lutheran Bible College and the Free Lutheran Seminary, is dedicated to providing a faith-based education. This education equips students for ministry roles in both church and secular settings. The organization's mission is to offer a post-high school bible school and spiritual life skills training program, as well as a four-year Seminary program. The goal is to teach applied theology, preparing students for their future endeavors. During the school year, the Seminary had 100 students enrolled.
Official website here: www.flbc.edu
Who is the CEO of Free Lutheran Theological Seminary?
Wade Mobley is the President of Free Lutheran Theological Seminary.
Official website here: www.flbc.edu
What is the revenue of Free Lutheran Theological Seminary?
Free Lutheran Theological Seminary's revenue in 2023 was $5,308,041.
Official website here: www.flbc.edu
Who are the executives of Free Lutheran Theological Seminary and what are their salaries?
The average compensation at Free Lutheran Theological Seminary during 2023 was $23,136. There are 96 employees and 50 volunteers at Free Lutheran Theological Seminary.
Here are 11 key members and their salaries:
- Wade Mobley (President)
- James Molstre (Chief Academic Offdean Of Se)
- Larry Myhrer (Vice President Of Operations)
- Adam Osier (Vp - Dean Of Bible College)
- Philip Johnson (Board Chair) [Trustee/Director]
- Alan Arneson (Vice Chair) [Trustee/Director]
- Don Balmer (Director)
- Nathan Dalager (Director)
- Jason Gudim (Secretary) [Trustee/Director]
- Steve Snipstead (Director)
- Gary Erickson (Director)
Official website here: www.flbc.edu
Where can I find the form 990 for Free Lutheran Theological Seminary?
The Free Lutheran Theological Seminary’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.flbc.edu
Learn more at the official website: www.flbc.edu
Mission Statement of Free Lutheran Theological Seminary
Free Lutheran Theological Seminary, as an organization, is committed to providing a faith-based education. This is accomplished through the operation of two distinct institutions: the Free Lutheran Bible College (FLBC) and the Free Lutheran Seminary (FLS). The mission of Free Lutheran Theological Seminary is to equip students with a solid biblical foundation and spiritual life skills. This preparation is intended to prepare them for roles in ministry, either within a church setting or in secular fields. Furthermore, the seminary offers a comprehensive four-year program to provide in-depth theological education. During the school year, the student body consisted of approximately 100 individuals.
Impact
This information is meant to be a general summary of Free Lutheran Theological Seminary. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Free Lutheran Theological Seminary's impact can be seen in the countless individuals who have been equipped with a faith-based education to serve in ministry roles within the church and in secular settings. Through its Free Lutheran Bible College and Free Lutheran Seminary programs, the institution has prepared students with applied theology and spiritual life skills training. This has not only enriched the lives of the 100 students enrolled, but has also had a ripple effect in communities as these graduates go on to make a difference wherever they serve. The impact of Free Lutheran Theological Seminary extends beyond its physical location in Minneapolis, MN, reaching far and wide through the individuals it has nurtured and sent out into the world.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition & Fees
Revenue
$1,967,495
Other Revenues
Revenue
$522,021
Organization Details
Founding Year
1966
Principal Officer
Wade Mobley
Main Address
3134 East Medicine Lake Blvd, Minneapolis, MN, 55441
Website
www.flbc.edu
NTEE Category
Code: B50 - Education
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